The CRC’s determination was published today, with Henderson’s conduct having come to particular note during the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
The CRC found that nine out ten alleged breaches of the FPA Code were proven with the FPA stating information in relation to the sanctions would be released in due course.
Commenting on the outcome, FPA chief executive, Dante De Gori said FPA members were required to uphold the highest ethical standards and Henderson had failed to meet those standards.
